Western Wealth Management LLC Makes New $282,000 Investment in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS)

Western Wealth Management LLC purchased a new position in iShares Russell Mid-Cap Value ETF (NYSEARCA:IWS) in the 4th quarter, HoldingsChannel reports. The fund purchased 2,422 shares of the company’s stock, valued at approximately $282,000.

Other institutional investors have also modified their holdings of the company. PFG Advisors grew its stake in shares of iShares Russell Mid-Cap Value ETF by 7.6% during the third quarter. PFG Advisors now owns 2,858 shares of the company’s stock worth $298,000 after purchasing an additional 202 shares in the last quarter. DAVENPORT & Co LLC grew its stake in shares of iShares Russell Mid-Cap Value ETF by 11.8% during the third quarter. DAVENPORT & Co LLC now owns 4,690 shares of the company’s stock worth $489,000 after purchasing an additional 494 shares in the last quarter. Meridian Wealth Management LLC grew its stake in shares of iShares Russell Mid-Cap Value ETF by 114.8% during the third quarter. Meridian Wealth Management LLC now owns 20,544 shares of the company’s stock worth $2,144,000 after purchasing an additional 10,981 shares in the last quarter. B.O.S.S. Retirement Advisors LLC grew its stake in shares of iShares Russell Mid-Cap Value ETF by 16.6% during the third quarter. B.O.S.S. Retirement Advisors LLC now owns 21,482 shares of the company’s stock worth $2,241,000 after purchasing an additional 3,063 shares in the last quarter. Finally, Private Trust Co. NA grew its stake in shares of iShares Russell Mid-Cap Value ETF by 3.2% during the third quarter. Private Trust Co. NA now owns 6,184 shares of the company’s stock worth $645,000 after purchasing an additional 194 shares in the last quarter.

iShares Russell Mid-Cap Value ETF Stock Performance

Shares of IWS stock opened at $118.80 on Tuesday. The stock’s 50-day moving average is $120.65 and its two-hundred day moving average is $113.52. The firm has a market cap of $13.38 billion, a price-to-earnings ratio of 17.27 and a beta of 0.99. iShares Russell Mid-Cap Value ETF has a 1 year low of $97.40 and a 1 year high of $125.64.

About iShares Russell Mid-Cap Value ETF

iShares Russell Mid-Cap Value ETF (the Fund), formerly iShares Russell Midcap Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Value Index (the Value Index). The Value Index measures the performance of the mid-capitalization value sector of the United States equity market.